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Court documents revealed that over 300 Roblox users used the platform to launder money. They used stolen credit cards to buy Robux in-game currency and spend them buying fake digital goods.
Wolfe Research analyst Shweta Khajuria says Roblox (RBLX) reported a “modest” bookings miss in Q4 versus Street estimates elevated investor expectations with EBITDA posting a slight beat. The ...
Roblox shares plummeted 11% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 million.
Shares of Roblox fell sharply in intraday trading Thursday as the company issued first-quarter results and guidance that missed analyst estimates.
Earnings Results Roblox shows decline in important sales metric, shares head toward lowest prices yet Bookings decline year-over-year and miss Street estimates, sending stock toward their lowest ...